3 Crypto to Hunt After Donald Trump Calls Crypto Stronger than US Stock Market!

Updated
May 6, 2025
Gambar 3 Crypto to Hunt After Donald Trump Calls Crypto Stronger than US Stock Market!

Jakarta, Pintu News – The crypto market has received another endorsement from US President Donald Trump, who stated that the crypto market is “much stronger” than the US stock market after showing resilience in the past two months amid the US-China tariff war.

His statement has sparked positive sentiment among crypto traders who are now looking for the best altcoins to hunt.

Trump Backs Crypto as “stronger” than US Stock Market

In a recent interview, Trump stated that crypto was “much stronger” compared to other risky assets during the recent financial market turmoil caused by tariff concerns, a statement that has sparked interest in the best altcoins to hunt.

Read also: Michael Saylor’s Strategy Buys 1,895 Bitcoins Worth $180 Million, MSTR’s Share Price Falls!

His remarks came after the S&P 500 index lost more than $5 trillion in just the first week of April, as investors reacted to the tariff war.

While the crypto market also saw a drop in value, the losses were smaller, with Bitcoin dropping about 15% between April 2 and April 7. Altcoins also recorded small losses compared to US stocks, with the total market capitalization losing around $400 million during the same period.

In addition to its resilience, Trump added that he supports the industry because millions of people are interested in cryptocurrencies. He argued,

“I think crypto is important because if we don’t do it, China will. And it’s new, it’s very popular, it’s very trending. I support crypto because a lot of people – millions of people – want it.”

Trump’s statement comes after a recent survey revealed that 73% of US digital asset investors believe it is important for the US to be a leader in crypto. This could be achieved with Trump’s pro-crypto approach, so the demand for the best crypto coins to hunt is soaring.

Some of the top altcoins that crypto investors can consider chasing right now, after the latest endorsement from Trump, include Ethereum , Ripple , and Dogecoin .

These altcoins are some of the top ones in the crypto market rankings and have solid fundamentals and bullish technical outlooks that can support the upside.

Ethereum (ETH)

There are several reasons why crypto traders should consider chasing the biggest altcoin, Ethereum, including the upcoming Pectra upgrade and the surge in inflow into ETH products.

This network upgrade will occur on May 7, with its release coinciding with an inflow of $149 million into Ethereum based on a recent report from Coinshares.

Source: CoinShares

Increased demand and a potential surge in bullish sentiment following a major blockchain upgrade point to a bullish Ethereum price prediction, as the altcoin is likely to post significant gains this week, making it a good choice for investors.

Ripple (XRP)

One altcoin that is worth hunting for and is expected to see a rise after Trump’s support of the crypto industry is Ripple (XRP).

XRP stands out as the largest coin from the US that could potentially benefit greatly from a pro-crypto regulatory framework.

Source: TradingView via Coingape

Moreover, technical analysis shows that the price of Ripple is at a key point that could precede an uptrend towards $2.59 if it manages to cross the resistance at the upper trend line of the falling wedge pattern.

Read also: XRP Price Update: XRP to Hit $12 in 2026? Whale Analysis and Accumulation Give Positive Signals!

A few days ago, the Coingape website also reported that XRP could reach $12 amid the formation of a bullish pattern in the Elliott Wave pattern.

Dogecoin (DOGE)

Dogecoin is also one of the top altcoins worth hunting this week, as DOGE has a chance to breakout towards $0.40 before the month ends.

The meme coin also saw a surge in long-term trading volume, with 70% of traders on Binance going long. This indicates a bullish bias, as most futures traders predict an upward price recovery.

Overall, President Trump’s recent statements about the crypto market being “much stronger” than the US stock market, with valuations reaching $52 trillion, has fueled demand for altcoins.

Some of the top altcoins worth chasing in this development include Ethereum (ETH), Ripple (XRP), and Dogecoin (DOGE).

That’s the latest information about crypto. Follow us on Google News to stay up-to-date on the world of crypto and blockchain technology.

Enjoy an easy and secure crypto trading experience by downloading Pintu crypto app via Google Play Store or App Store now. Get a web trading experience with advanced trading tools such as pro charting, various types of order types, and portfolio tracker only at Pintu Pro. Pintu Pro Futures is also available, where you can buy bitcoin leverage, trade btc futures, eth futures and sol futures easily from your desktop!


*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

Share

Latest News

See All News ->